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Key highlights from Hewlett Packard Enterprise (HPE) Q2 2021 earnings results

Hewlett Packard Enterprise (NYSE: HPE) reported second quarter 2021 earnings results today.

Revenue rose 11% to $6.7 billion compared to the prior-year period. Revenues grew 9% when adjusted for currency.

GAAP net income was $259 million, or $0.19 per share, compared to a loss of $821 million, or $0.64 per share last year. Adjusted EPS rose 70% to $0.46.

Both the top and bottom line numbers beat market expectations.

For the third quarter of 2021, GAAP EPS is expected to be $0.04-0.10 and adjusted EPS is estimated to be $0.38-0.44. For the full year of 2021, the company raised its GAAP EPS outlook to $0.60-0.72 and adjusted EPS outlook to $1.82-1.94.

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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